£115,956
This estimated value is based upon the latest sale price for the house of £75,000 on 22 May 2014. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £75,000 | 22 May 2014 |
| £82,950 | 17 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 sq feet |
This model uses changes in the Official Land Registry House Price Index for BLACKPOOL to estimate the market value.
When this house was purchased in May 2014 the House Price Index for BLACKPOOL was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £75,000 results in an estimated price of approximately £115,956.
| 22 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £75,000 | £40,956 | £115,956 |
The Postcode Pricing Model uses changes in average sales price within the FY3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 7.647 % | £5,735 | £80,735 |
| 3 Month Average | 17.306 % | £12,979 | £87,979 |
| 6 Month Average | 15.772 % | £11,829 | £86,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £122,137 | £120,000 | 10 NORWOOD AVENUE |
| 18 Dec 2023 | £142,442 | £139,950 | 1A LYNWOOD AVENUE |
| 6 Nov 2023 | £93,383 | £92,000 | 56 ONSLOW ROAD |
| 7 Aug 2023 | £65,069 | £64,500 | 64 ONSLOW ROAD |
| 31 Mar 2023 | £85,808 | £85,000 | 8 NORWOOD AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 9 Jun 2014. Using an estimated price of £115,957 means this house is valued at £1,317 per sq meter (£122 per sq foot).
The average size of a house on LYNWOOD AVENUE is 91 sq meters (983 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Lynwood Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lynwood Avenue |
| Mar 2024 | Anti-social behaviour | On or near Lyncroft Crescent | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyncroft Crescent |
| Feb 2024 | Other crime | Local resolution | On or near Lyncroft Crescent |